Paralegal 041 - Contract Law » 2019 » Chapter 7 Review Materials
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Question #1
Mental incompetence shown by inability to act reasonably with respect to a transaction
A.
Comprehensive Exam
B.
Volitional Test
C.
Aptitute Test
D.
Cognitive Test
Question #2
One who carries on the business of an estate; see Executor
A.
Guardian
B.
Attorney
C.
Administrator
D.
Agent
Question #3
A minor
A.
Agent
B.
Guardian
C.
Intoxicated
D.
Infant
Question #4
Under the influence of alcohol or drugs
A.
Disaffirm
B.
Emancipation
C.
Void
D.
Intoxicated
Question #5
Things indispensable to life; reasonably needed for subsistence, health, comfort, and education, considering the person's age, station in life, and medical condition
A.
Avoid
B.
Disaffirm
C.
Adjudicated Incompetent
D.
Necessities
Question #6
Individual with legal responsibility for the minor
A.
Guardian
B.
Agent
C.
Administrator
D.
Attorney
Question #7
Lawyers Assistance Programs
A.
Adjudicated Incompetent
B.
Guardian
C.
Fraud
D.
LAPs
Question #8
Make a contract void; see Disaffirm
A.
Avoid
B.
Express Ratification
C.
Emancipation
D.
Ratify
Question #9
Intent to honor contract or acknowledgment of contract can be inferred from behavior or words
A.
Emancipation
B.
Disaffirm
C.
Express Ratification
D.
Implied Ratification
Question #10
The age of adult status (typically 18)
A.
Minor
B.
Majority
C.
Adjudicated Incompetent
D.
Agent
Question #11
To state or write intent to honor a contract or, if the contract has been executed, to acknowledge the contract
A.
Implied Ratification
B.
Adjudicated Incompetent
C.
Non Adjudicated Incompetent
D.
Express Ratification
Question #12
False statement of material fact, made with intent to deceive, on which another reasonably relies, to his detriment
A.
Advertisements
B.
Mutual Mistake
C.
Fraud
D.
Threat
Question #13
Minor is no longer under care/control of an adult
A.
Administrator
B.
Emancipation
C.
Minor
D.
Necessities
Question #14
Attorney whose role is to advocate the child's position
A.
Agent
B.
Attorney for the Child
C.
Guardian
D.
Minor
Question #15
A person who has not reached adult status, typically the day before his/her 18th birthday
A.
Major
B.
Agent
C.
Attorney for the Child
D.
Minor
Question #16
To acknowledge or validate a contract after its execution
A.
Infant
B.
Ratify
C.
Disaffirm
D.
Emancipation
Question #17
Mental incompetence determined by inability to understand the nature and consequences of a transaction
A.
Necessities
B.
Administrator
C.
Volitional Test
D.
Cognitive Test
Question #18
Make a contract void; see Avoid
A.
Implied Ratification
B.
Express Ratification
C.
Disaffirm
D.
Void
Question #19
Incompetence has not been determined by cour
A.
Volitional Test
B.
Adjudicated Incompetent
C.
Non-Adjudicated Incompetent
D.
Cognitive Test
Question #20
One who is authorized to act for or in place of another; representative
A.
Administrator
B.
Attorney
C.
Guardian
D.
Agent
Question #21
Court has declared person incompetent
A.
Adjudicated Incompetent
B.
Implied Ratification
C.
Non Adjudicated Incompetent
D.
Express Ratification
Question #22
An agreement with no legal effect
A.
Void
B.
Mutual Mistake
C.
Disaffirm
D.
Fraud
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